Royal Bank of Scotland

Sale of Britain's biggest car insurance group comes after formal OFT referral to Competition Commission.

EU lawmakers hear case for major changes as UK's FSA prepares recommendations for biggest reforms in decades.

State-owned lender will shed 3,800 jobs at investment unit by 2013 taking, total job cull under CEO Stephen Hester to more than 36,000 since 2008 rescue

After RBS takeover, TUC wants a state investment bank which can issue bonds and fund small businesses.

Swiss private bank Julius Baer snaps up Merrill Lynch’s private bank outside the US, following the latest in a series of banks selling off assets of this kind.

Government-controlled Lloyds says some dealers face legal action related to Libor scandal.

Market sources tell IBTimes UK that banks and brokers under investigation for Libor fixing are unlikely to join forces in reaching a settlement.

The pullout is bound to have serious impact on the beleaguered investment arm of the government-owned conglomerate.

Deputy BoE governor Paul Tucker to be grilled over conversations with former Barclays chief executive Bob Diamond.

Policy Exchange believes this would help prevent company bosses from excessive risk-taking that may result in fall in share prices and huge losses to the firm.

The Labour leader proposes a new code of conduct for bankers, a new professional standards board to look into their answers as well as quicker and easier prosecution of wrongdoers.

RBS' Hester forgoes his 2012 bonus, following the chaos from the Natwest computer system glitch, and reports that the FSA will fine the bank for its involvement in the Libor rate fixing scandal.

A sacked senior RBS trader Tan Chi Min said his bosses and senior staff colluded in fixing the Libor rate artificially high or low to maximise profits, according to US court filings.

The IBTimes UK investigates the broken trust between banks and customers in the wake of a the industry's "septimana horribilis"

RBS admits it was guilty of offences similar to those of Barclays, though it maintains they were less serious and more isolated.

US-based IT firm blamed for high street bank account meltdown, says it will do all it can to fix problem.

Expensive computer glitches that affected millions of customers and left companies red-faced and out of pocket.

Bank considers action against CA Technologies after computer glitch blocked account access for millions of users.

NatWest opts for Sunday opening of some branches to help cash-strapped customers.

Banks are fighting to shore up capital in the face of substantial enforced capital requirements, set out by Europe's Basel III and the UK's financial industry banking reform, which will make lending suffer more.

RBS and NatWest introduce a new technology to allow customers to operate ATMs without the bank card.

The U.S. dollar is expected to hold its own as a safe-haven currency in the near term as risk aversion in the global financial markets remains amid the euro zone's troubles.

The U.S. dollar’s status as a safe-haven currency in risk aversion mode gains momentum again, as investors avoid risky assets amid intensifying concerns over the euroarea crisis. Besides, other safe-haven currencies such as Japanese yen (JPY) and Swiss franc (CHF), which also attract investors’ attention in risk-off environment, seems to be out of favor as their respective central banks doesn’t intend to see them appreciate.

Major measures such as selling its Indian subsidiary is on the cards for travel giant Thomas Cook for its immediate survival.

Britain's well-known tour operator is on the verge of signing the deal after a 12-month struggle.

The Britain's industrial output experienced a major decline in almost a year in February, confounding previous upbeat private-sector surveys and signalling doubt on the UK's economic recovery.

Sources suggest that a rescue package for Game Group is being finalised.

Barclays Bank has topped the list of Britain's worst banks according to customer complaints yet again as the number of its dissatisfied customers continues to rise, according to regulator the Financial Services Authority (FSA).

Stores stop refunds, exchanges, reward points and gift cards as 40% of workers face sack.

Game Group is in administration with 6,000 UK jobs at risk, but what happens now?